Coral Gables, Miami — More closings, higher prices, and a $47-Million Dollar Sale in the 2nd Quarter of 2026. The data tells the full story.
In this video I break down exactly what happened in the Coral Gables homes market in the 2nd Quarter 2026: Month by month, the 1st Quarter vs 2nd Quarter, and what it all means for buyers and sellers right now.
And here are the numbers...
📊 Total Closings:
1st Quarter 2026 = 86
2nd Quarter 2026 = 112
That is up 30% — the strongest transaction volume of any neighborhood I cover in Miami.
📊 Closed Sales: Non-Waterfront Homes:
1st Quarter 2026 = 79
2nd Quarter 2026 = 100
The non-waterfront segment crossed 100 closings in a single quarter.
Waterfront Homes:
1st Quarter 2026 = 7
2nd Quarter 2026 = 12
Waterfront closings up 71%. The most active waterfront home market of any neighborhood I cover in Miami.
📊 Days on Market:
Non-Waterfront:
1st Quarter 2026 = 50 Days
2nd Quarter 2026 = 42 Days. Selling faster.
Waterfront:
1st Quarter 2026 = 95 Days
2nd Quarter 2026 = 143 Days.
At these price levels — with waterfront homes transacting at a Median Price Sold of nearly $16-Million — buyers are deliberate and selective. A longer days on market reflects the nature of this buyer, not the health of this market.
📊 Price Per Square Foot:
Non-Waterfront:
1st Quarter 2026 = $917
2nd Quarter 2026 = $919. Holding strong.
Waterfront:
1st Quarter 2026 = $1,884
2nd Quarter 2026 = $2,526. That is up 34%.
📊 Median Sold Price:
Non-Waterfront:
1st Quarter 2026 = $2,000,000
2nd Quarter 2026 = $2,395,000. That is up 20%.
Waterfront:
1st Quarter 2026 = $10,250,000
2nd Quarter 2026 = $15,950,000. That is up 56%.
Coral Gables delivered on every front in the 2nd Quarter — more closings, faster non-waterfront sales, and waterfront pricing that moved up dramatically from 1st to 2nd Quarter. And the top sale of the quarter says it all — a waterfront mansion in Old Cutler Bay, one of the most exclusive gated waterfront communities in all of Miami. Built in 2022. Over 8,000 square feet. Sold for $47-Million at $5,863 per square foot. The highest price per square foot in the 2nd Quarter of any sale in any neighborhood I cover.
📍 I cover Coral Gables and a few other Miami neighborhoods I specialize in with real data, real numbers, and 20 years of experience behind every number I share.
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❓ Questions about buying or selling in Coral Gables? Drop them in the comments or reach out directly. I am always happy to help.
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